'FundsDLT' facilitates first real blockchain transaction in Luxembourg fund industry
Jul 07, 2017 06:04 am UTC| Digital Currency
Natixis Asset Management, an affiliate of Natixis Global Asset Management, has announced that investors have successfully purchased shares in Natixis AMs funds through FundsDLT a blockchain-based fund distribution...
Bitcoin does not have fundamental attributes needed to be a currency, says PBoC adviser
Jul 07, 2017 05:11 am UTC| Digital Currency
Digital currencies such as bitcoin and ethereum are assets, but bitcoin in itself does not carry the characteristics needed to be defined as a currency that could meet new economic development requirements, an adviser to...

FxWirePro: BTC/EUR trades in narrow range, good to buy on dips
Jul 07, 2017 04:34 am UTC| Digital Currency
BTC/EUR is consolidating in arrow range between 2332 and 2265 for the past three trading sessions (CEXIO). The pairs minor top is around 2347 and any minor bullishness can be seen above that level. It is currently trading...
Crypto-market datafeeds platform Santiment raises $12M in two-stage crowdsale
Jul 07, 2017 04:17 am UTC| Digital Currency
Santiment, a Germany-based crowd sentiment data platform for crypto and blockchain assets, has closed its two-stage token crowdsale on July 5, 2017, in which it raised a total of $12,215,250 USD worth of ETH. According...
Bajaj Allianz General Insurance utilizes blockchain to fasten claims settlement process
Jul 07, 2017 04:06 am UTC| Digital Currency
Bajaj Allianz General Insurance company said that it has utilized blockchain technology to hasten the process of claims settlement in travel and motor sectors, The Hindu Business Line reported. The company has launched...
22 new banks join SWIFT to validate blockchain POC for real-time nostro accounts reconciliation
Jul 07, 2017 03:19 am UTC| Digital Currency
SWIFT, global provider of secure financial messaging services, announced that 22 additional banks have joined its blockchain proof-of-concept (POC). The banks will collaborate to validate whether blockchain can help banks...

FxWirePro: ETH/USD finds strong trend line support at 253, break below confirms further bearishness
Jul 06, 2017 11:40 am UTC| Digital Currency
ETH/USD continues trading in a narrow range on Thursday as its upside is capped by 10-DMA. It is currently trading at 265 levels at the time of writing (BTC-e). Ichimoku analysis (Daily chart): Tenkan-Sen:...